Stocks slip ahead of key Fed meeting, busy earnings week

The Dow Jones Industrial Average rose 0.1% to 27,221.35 and the Nasdaq composite fell 0.4% to 8,293.33. The S&P 500 is up 506.33 points, or 20.2%. 10-year Treasury edges up, pushing yield down 1 bp to 2.057%. Policymakers are expected to enact th... More..

by | Published 17 days ago
Man Who Founded India's Top Coffee Chain Is Missing
by | Wednesday, July 31, 2019

Man Who Founded India's Top Coffee Chain Is Missing

Led by the massive drop in its share price, the company's market valuation dived Rs 812.67 crore to Rs 3,254.33 crore on the BSE. Besides, the failure of pushing through the sale of a real estate holdings, wh...More..

Gold settles slightly higher a day before Fed meeting kicks off
by | Tuesday, July 30, 2019

Gold settles slightly higher a day before Fed meeting kicks off

Constant escalating global tension boosted the appeal for the safe haven asset, gold . "It has not caused any significant correction but had caused a pause in gold trading", High Ridge Futures' Meger added. No...More..

Trump Ratchets Up Pressure for Fed Rate Cut
by | Tuesday, July 30, 2019

Trump Ratchets Up Pressure for Fed Rate Cut

Trump has been considering firing Fed chair Jerome Powell for months because of stock market losses at the end of 2018. In a series of tweets ahead of the Fed's meeting scheduled for Tuesday and Wednesday,...More..

LSE's $27 billion Refinitiv takeover plan lifts its shares to record
by | Tuesday, July 30, 2019

LSE's $27 billion Refinitiv takeover plan lifts its shares to record

After the deal those investors would own about 37% of LSE's enlarged share capital, though they would limit their voting rights to less than 30%. This means Thomson Reuters will secure a 15% LSE stake, wh...More..

EU court rules sites must warn about Facebook 'like' button
by | Tuesday, July 30, 2019

EU court rules sites must warn about Facebook 'like' button

A German court requested guidance from the CJEU. However, it goes on to say that "by contrast, that operator is not, in principle, a controller in respect of the subsequent processing of those data carried out ...More..

CCD owner leaves distressing letter for board
by | Tuesday, July 30, 2019

CCD owner leaves distressing letter for board

The company issued a statement and said , "This is to inform you that, Mr VG Siddhartha , Chairman and Managing Director of Coffee Day Enterprises Limited, has not reachable since yesterday evening". Earl...More..

More than 100 million Capital One customers affected in massive data breach
by | Tuesday, July 30, 2019

More than 100 million Capital One customers affected in massive data breach

She appeared in court on Monday and is scheduled for a detention hearing on Thursday. Capital One Financial Corp said on Monday that personal information, including names, addresses, phone numbers and dates...More..

Tesla Adds Netflix, YouTube Streaming to In-Car Content
by | Tuesday, July 30, 2019

Tesla Adds Netflix, YouTube Streaming to In-Car Content

But this is the first time we can think of where Netflix can be streamed in a vehicle. Scarily, the tech-millionaire also claimed that once full-self driving has been approved, the auto owners could eventuall...More..

Takeaway.com's merger with Just Eat quintuples its distribution footprint
by | Tuesday, July 30, 2019

Takeaway.com's merger with Just Eat quintuples its distribution footprint

The terms imply a value for Just Eat of 731 pence ($8.83) per share based on Takeaway.com's closing share price on July 26 of 83.55 euros ($93.01). Though news of a merger broke over the weekend, Just Eat s...More..

Capital One data breach involves 'tens of millions' of credit card applications
by | Tuesday, July 30, 2019

Capital One data breach involves 'tens of millions' of credit card applications

Capital One Financial Corp . said data from about 100 million people in the USA was illegally accessed after prosecutors accused a Seattle woman of breaking into the bank's server at a cloud-computing company. ...More..

Restaurants Let Deals Fly For National Chicken Wing Day
by | Monday, July 29, 2019

Restaurants Let Deals Fly For National Chicken Wing Day

You'll find all those deals listed below along with links for more info, and you should also be sure to call up your favorite local wing spot to see if they've got any great deals cooked up. East Coast Wings & ...More..

Audi unveils A1 citycarver in Europe
by | Monday, July 29, 2019

Audi unveils A1 citycarver in Europe

Badged the Citycarver (yeah.), the beefed-up A1 has an extra 4cm of ground clearance and black wheel arch surrounds to give it a "more muscular" look than the standard vehicle, says Audi. Audi offers additional...More..

Ryanair profit slumps 21 per cent
by | Monday, July 29, 2019

Ryanair profit slumps 21 per cent

Earnings after taxation slumped 21 percent to 243 million euros ($270 million) in the three months to the end of June compared with the same portion of the previous financial year, Ryanair said in a results st...More..

Hong Kong Protestors Back On The Streets Sunday
by | Monday, July 29, 2019

Hong Kong Protestors Back On The Streets Sunday

Hundreds of thousands of people have taken to the streets since the protests began two months ago and plunged the city into its most severe politicalturmoil since its return to China in 1997. A sea of black-s...More..

Privacy group challenges $5bn Facebook settlement
by | Monday, July 29, 2019

Privacy group challenges $5bn Facebook settlement

The FTC Chairman Joe Simons also stated that the penalty to Facebook was designed not only to punish the previous violations but to change the platform's entire privacy culture to decrease the continued violati...More..

China accuses FedEx of 'holding up' Huawei parcels
by | Monday, July 29, 2019

China accuses FedEx of 'holding up' Huawei parcels

It said: "The investigation showed that FedEx was suspected of holding up more than 100 Huawei packages entering China". But Chinese investigators said this explanation "does not agree with the facts", Xinhu...More..

Apple, goldman’s unlikely credit card collaboration nears launch
by | Sunday, July 28, 2019

Apple, goldman’s unlikely credit card collaboration nears launch

Apple's new credit card, Apple Card, is set to launch as early as the first half of August , according to a report from Bloomberg . Goldman Sachs is responsible for the underlying infrastructure, managing p...More..

Equifax might owe you $125 || Here's how to check
by | Sunday, July 28, 2019

Equifax might owe you $125 || Here's how to check

If you have supporting documentation for things you had to do to deal with identity theft , fraud, or other misuse of your information, you can claim up to 20 hours, for a total of $625. Consumers must submi...More..

European Central Bank paves way for more stimulus in September
by | Sunday, July 28, 2019

European Central Bank paves way for more stimulus in September

According to the Wall Street Journal , "The European Central Bank signaled Thursday that it is preparing to cut short-term interest rates for the first time since early 2016 and possibly restart its giant bond...More..

Nissan confirms plan to cut 12500 jobs globally
by | Sunday, July 28, 2019

Nissan confirms plan to cut 12500 jobs globally

First quarter net income dropped by 94.5% to 6.4 billion yen - one of the company's worst quarterly performances in ten years. The OEM now employs a United Kingdom workforce of around 8,000 and 139,000 worldw...More..

SoftBank tops its own record with a $108B Vision Fund 2
by | Sunday, July 28, 2019

SoftBank tops its own record with a $108B Vision Fund 2

Much like the Vision Fund , which has reportedly invested about $70 billion in 80 companies so far, Vision Fund 2 will invest in firms at the very cutting edge of technology. The Wall Street Journal on Wed...More..

South Korea trade spat is getting worse
by | Saturday, July 27, 2019

South Korea trade spat is getting worse

South Korea's Trade Minister Yoo Myung-hee, who is in Washington this week to win support from the United States, said Japan's export curbs will not only affect South Korea but also the supply chains of the U.S...More..

Amazon stock takes a tumble after rare earnings disappointment
by | Saturday, July 27, 2019

Amazon stock takes a tumble after rare earnings disappointment

Profits edged up just 3.6 percent to $2.6 billion in the past quarter, a figure below most Wall Street forecasts. AMZN stock slipped in after-hours trading, falling 2.5%. Despite all the question marks, puz...More..

Facebook Faces Historical Fine for Violating Consumer Privacy
by | Saturday, July 27, 2019

Facebook Faces Historical Fine for Violating Consumer Privacy

Specifically, the FTC's 20-year settlement mandated that Facebook establish a "privacy committee" independent of Facebook in a bid to remove "unfettered control" by Mr. And it collected call and text logs...More..

Tesla loss shows perils of making more affordable Model 3
by | Saturday, July 27, 2019

Tesla loss shows perils of making more affordable Model 3

Lately, the company brought a lot of cheer to its investors after it reported a record number of deliveries in the second quarter this year. In September 2018, both Tesla and Musk agreed to pay $40 million ...More..

Elon Musk's main worry about the record-setting Tesla Model 3
by | Saturday, July 27, 2019

Elon Musk's main worry about the record-setting Tesla Model 3

The company said it was focusing less on profit and more on volume growth, capacity expansion and cash generation. The second quarter of 2019 was a banner one for Tesla in terms of building and deliverin...More..

Southwest Cuts Newark Flights,Reports Second-Quarter Results
by | Saturday, July 27, 2019

Southwest Cuts Newark Flights,Reports Second-Quarter Results

Boeing reported that its second-quarter revenue dropped 35 per cent year-on-year to $15.8 billion, reflecting the previously announced 737 MAX charge, which reduced revenue by $5.6 billion and earnings by $...More..

3-year-old boy rescued from Atlanta airport conveyor belt
by | Saturday, July 27, 2019

3-year-old boy rescued from Atlanta airport conveyor belt

At one point in the video, a woman wearing a backpack, presumably the toddler's mother, can be seen running to the counter, and a Spirit Airline employee then halts the belt. " I'm thankful he's alive ", Ms...More..

Ford showcases electric F-150’s capabilities
by | Saturday, July 27, 2019

Ford showcases electric F-150’s capabilities

Ford will be using the MEB platform of Volkswagen for its electric vehicles. This spring, Musk-who is never shy about boasting-claimed on the podcast "Ride the Lightning" that Tesla's all-electric pickup "wil...More..

Gold rises on Fed rate cut bets, weak euro zone data
by | Saturday, July 27, 2019

Gold rises on Fed rate cut bets, weak euro zone data

Gold prices eased on Thursday as the United States dollar hovered near multi-week highs, while some investors locked-in profits ahead of major central bank meetings this month. -China tolls, vehicle tolls or...More..

North Korea could 'jeopardise talks' after missile tests
by | Saturday, July 27, 2019

North Korea could 'jeopardise talks' after missile tests

The short-range missiles were fired into the Sea of Japan , also known as the East Sea, from Wonsan on North Korea's east coast. "But Kim Jong Un is operating on a different timeline from Trump, which give...More..

Trump refuses to shield Apple Mac Pros from China tariffs
by | Saturday, July 27, 2019

Trump refuses to shield Apple Mac Pros from China tariffs

Apple has contested the tariffs on its Chinese-made products, saying that they reduce the company's massive contribution to the USA economy. Several experts felt the move could anger President Trump who has...More..

Boris Johnson encounters European resistance over Brexit plan
by | Saturday, July 27, 2019

Boris Johnson encounters European resistance over Brexit plan

But Tim Durrant, senior researcher at the Institute for Government, an independent think-tank, said Johnson "has exactly the same parliamentary arithmetic to deal with as May" - no overall House of Commons ma...More..

Apple dropping a cool $1 billion on Intel's smartphone modem business
by | Saturday, July 27, 2019

Apple dropping a cool $1 billion on Intel's smartphone modem business

The Repco Bank is a multi state cooperative society established in 1969 by the central government for rehabilitation of repatriates from Myanmar and Sri Lanka, an official statement said . Apple should even...More..